Pivotal Reports First Quarter Fiscal Year 2019 Financial Results
PIVOTAL SOFTWARE INC (PVTL)
Last pivotal software inc earnings: 9/4 04:11 pm
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Source: Business Wire
Subscription revenue grew 69% year over year; Total revenue grew 28% year over year Subscription customers increased to 339; 20% growth year over year Dollar-based net expansion rate of 156% SAN FRANCISCO--(BUSINESS WIRE)-- Pivotal Software, Inc. (NYSE: PVTL), a leading cloud-native platform provider, today announced financial results for the fiscal 2019 first quarter ended May 4, 2018. “The first quarter was a strong start to our fiscal year 2019 as we continued to deliver robust growth at scale,” said Rob Mee, CEO of Pivotal Software. “We generated subscription revenue growth of 69% and 28% total revenue growth driven by existing customers expanding their usage of our platform and continued growth in our customer base. Our unique advantage is the combination of our software platform, Pivotal Cloud Foundry®, and our differentiated strategic services
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